Daily Note 01/11/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

01.11.2023

  • It was a solid end to a challenging month for markets, with Europe, the S&P500 and the Nasdaq all finishing in the green yesterday, as investors positioned ahead of the Fed’s rate decision later today and a raft of earnings releases.
  • This morning GSK issued Q323 numbers ahead of market expectations and raised full year guidance. (Comment Attached)
  • US treasury market prices moved higher and yields moved modestly lower, as investors positioned ahead of the Fed meeting later today.